
ByteDance is reportedly close to a deal to buy custom AI chips from MediaTek
The deal could make ByteDance MediaTek's second major customer for custom chips.

Moonshot AI's founders are in talks to settle a shareholder fight before the Kimi maker's Hong Kong IPO
An earlier company says Moonshot's founders enriched themselves at its expense.

China's top AI labs released 857 models since 2021. Nine came with a published safety result at launch.
Start-ups disclose more than the tech giants, and the analysis finds no binding frontier-safety rules in China.

Manus raises over $500 million with Tencent (TCEHY) backing after China forced Meta (META) to unwind its deal
It is the startup's first round since Beijing ordered Meta to withdraw the deal. Manus kept its new valuation private.

Chinese AI companies released 16 models in September as Amodei urged a slowdown
Most of the new models are built for lower-cost use. Amodei's own essay tied any slowdown to the US lead over China.

DeepSeek nears $12 billion funding round backed by Tencent and CATL, with total potentially reaching $15 billion
Investors committed more than DeepSeek set out to raise. The company is preparing for a possible IPO.

DeepSeek plans first CFO hire as CITIC prepares possible Shanghai listing
Reuters reports DeepSeek plans to hire GL Ventures partner Yan Wentao as its first finance chief. CITIC Securities is already preparing a possible STAR Market listing, and the reason is less about money than about paying engineers enough to keep them.

Moonshot AI weighs up to $5 billion Hong Kong IPO
Moonshot AI is considering raising $3 billion to $5 billion in a Hong Kong IPO as soon as this year, Bloomberg reported. The Kimi maker has filed confidentially and added Bank of America as overall coordinator. Alibaba (BABA) and Tencent (TCEHY) are both backers.